# DoorDash Acquires Instacart for $17 Billion

> DoorDash to buy Instacart for $65 per share, creating a $17 billion grocery tech giant.
- Title: DoorDash Acquires Instacart for $17 Billion · Doordash
- Summary: DoorDash to buy Instacart for $65 per share, creating a $17 billion grocery tech giant. DoorDash acquires Instacart for $65 per share, creating a $17 billion…
- Keywords: door dash, instacart, acquisition, grocery tech, local stores, online grocery, dashers, shoppers, dash pass, instacart plus, open platform, grocery delivery
- Source: Doordash — https://ir.doordash.com/news/news-details/2026/DoorDash-to-Acquire-Instacart-to-Help-Local-Stores-Win/default.aspx
- Read time: 2 min
- Topics: door dash, instacart, acquisition, grocery tech, local stores, online grocery, dashers, shoppers, dash pass, instacart plus, open platform, grocery delivery
## Acquisition Announcement
DoorDash and Instacart announced a definitive agreement to acquire Instacart for $65 per share, representing a 26% premium to Instacart's closing price on October 22, 2026.
## Transaction Value
The deal values Instacart at $65.00 per share, or an equity value of approximately $17 billion with at least 75% cash.
## Combined Company Benefits
Together, DoorDash and Instacart will help stores of every size reach more customers with innovative technology and delivery networks.
## Consumer Benefits
Consumers will have more stores to choose from, more savings opportunities, and faster delivery options through the combined platform.
## Dasher and Shopper Benefits
Dashers and Shoppers will have more earning opportunities and more choice over when and how they earn through the combined platform.
## Grocery Technology
Instacart has spent years learning to pick ripe avocados and find substitutes while DoorDash has built a delivery network local stores rely on.

> Grocery is one of the hardest things to get right online. Someone has to pick a ripe avocado, find a substitute you’d choose yourself, and get the ice cream to you before it melts
## Post-Close Commitments
DoorDash will keep Instacart's brand, technology, and app while local grocers can work with any delivery platform they choose.
## Open Platform Commitment
Local grocers can work with any delivery platform they choose to help them grow without grocery exclusivity.
## Shoppers Keep Features
Instacart Shoppers can keep the features they love, including flexibility to choose how much they work and which batches to accept.
## Transaction Details
The transaction is expected to close in the end of 2027 or first half of 2028, subject to regulatory approvals and stockholder votes.
## Stockholder Rights
Instacart stockholders can elect cash, DoorDash stock, or a combination of both for each share, subject to proration.
## Funding and Financing
DoorDash plans to fund the cash portion with cash on hand and proceeds from debt financing through a 364-day bridge loan.
## Benefits for Consumers
Instacart customers could shop at more than 50,000 additional stores, on top of nearly 100,000 stores on the Instacart platform.
## Membership Savings
DashPass and Instacart+ members would pay one membership fee instead of two, saving an estimated $100 million per year.
## Earning Opportunities
More orders for local businesses can create more earning opportunities for Dashers and Shoppers.
## Closing Timeline
The transaction is expected to close in the end of 2027 or first half of 2028, subject to regulatory approvals and stockholder votes.
## Key takeaway

DoorDash acquires Instacart for $65 per share, creating a $17 billion company to help local stores compete online.